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Re: Five Most Underpaid Players

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

Re: Five Most Underpaid Players

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P

It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

Re: Five Most Underpaid Players

Originally Posted by Flasteel

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P

It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

His time (or anyone's) is a scarce resource. They should sell it out at the price the market would bear.

You're kidding yourself if you think you'd work for $8 an hour is someone was willing to pay you $100 for the same work. Everyone doing what's best for themselves has shown itself to be the best way to advance us all as a collective.

Re: Five Most Underpaid Players

Originally Posted by Northern_Blitz

Originally Posted by Flasteel

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P

It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

His time (or anyone's) is a scarce resource. They should sell it out at the price the market would bear.

You're kidding yourself if you think you'd work for $8 an hour is someone was willing to pay you $100 for the same work. Everyone doing what's best for themselves has shown itself to be the best way to advance us all as a collective.

Re: Five Most Underpaid Players

Originally Posted by Flasteel

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P

It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

Re: Five Most Underpaid Players

Originally Posted by Shawn

Originally Posted by Flasteel

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P

It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

Hey I think I'm underpaid as well. I'm thinking about a hold out.

(yes I say that tongue in cheek.)

I'm maybe slightly underpaid...but not by much.

For the record, the greed comment was intended towards the ridiculous salaries commanded by actors, athletes, corporate CEOs, and such. From past discussions I've had on the subject, I put an arbitrary salary of $1M annually as a good indicator of greed (within the individual or industry) being involved.

Re: Five Most Underpaid Players

Originally Posted by Flasteel

Originally Posted by phillyesq

Originally Posted by Shawn

Originally Posted by Yinzerdude

No one playing in the NFL today is "underpaid."

I would disagree. We can say what we wish about it being a sport and the makings of hundreds of thousands a year for the underpaid players. But, the market dictates pay in all walks of life...actors, laywers, physicians, athletes etc. If they are getting less than the market demands for their skill set then they are underpaid.

In addition to market forces, you have to look at the value created. Players like Woodley generate revenue for the team and the league. Does the value he creates (in ticket sales, tv ratings, jersey sales, etc.) outweigh his salary? If so, then he is underpaid by that measure.

That's just great coming from our resident doctor and lawyer. Is that how you guys justify outrageous prices for your services? Because you can get it? :P
It's greed...pure and simple. Whether that greed is inherent to the individual, industry, or some combination of both, it is what it is. Don't try and paint extortion out to be nothing more than a product of a free-market society. There's a little more going on.

Don't get me wrong, I'm not saying these guys are worth it, BUT ...

If someone is willing to pay a certain amount for someone else's services, how is it greed to agree to that?

It's not like one party is dying of thirst and just wants a glass of water, and the other has a truck full of Dasani and won't part with a bottle for less than $500. It's just two sides negotiating.

Myself, I'd rather see those salaries split among 25 teachers or social workers, but hey - it's a free country.